Ryan knocks Obama on empty commerce slot

GREELEY, Colo. -- Speaking in the battleground state of Colorado, Republican vice presidential nominee Paul Ryan piled on President Barack Obama for apparently suggesting the creation of a new cabinet position.

“He's (Obama) got a new idea for the second term and here's what it is. In addition to all the borrowing and all the spending and all the money printing and all the regulating, he wants a new cabinet position,” Ryan told a crowd at the Island Grove Event Center Thursday. “He wants to create a new 'secretary of business.' You know, we already have a secretary of business. It's actually called secretary of commerce. That's what this agency does.”

Ryan continued knocking the president: “Let me ask you a question: can anybody name our current secretary of commerce? You know why? We don't have one! It's been vacant for over four months and the president hasn't even proposed to put somebody in the job. We don't need another bureaucrat or another bureaucracy, we need another president.”

Obama made the comments during an interview with MSNBC to which both Romney and Ryan talked about on the campaign trail today.

"We don’t need a secretary of business to understand business we need a president who understands business, and I do," Romney said at a rally in the battleground state of Virginia Thursday morning.